USDJPY Potential for Bullish Rise
On the H4, with price moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will drop and rise from our buy entry at 137.728 where the pullback support is to the take profit at 139.424 in line with 100% fibonacci projection and -61.8% fibonacci expansion.
Alternatively, price could break buy entry structure and drop to stop loss at 136.697 where the overlap support, 38.2% fibonacci retracement and 100% fibonacci projection are. #OPINIONLEADER#
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